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Date Sent: 2009-01-24
Freedom's Phoenix Headline News for Saturday, January 24, 2009 |
Obama to Decide Whether to Add More to Bailout -- Obama ready to cut Karzai adrift
President Obama 'orders Pakistan drone attacks': What Change? -- Gerald Celente: 'Code Red' - Economy in Collapse, Drastic Actions Will Be Taken -- Freddie Needs Up to $35 Billion More From U.S. -- FEMA Concentration Camps: Locations and Executive Orders -- MISH: Extreme Leverage In Reverse Portends Global Systemic Crash -- Merrill Lynch Execs Paid Themselves $15 Billion on $21.5 Billion in Post-Bailout Losses in 2008 -- Officials: Obama to reverse abortion policy -- Obama's 'Bad Bank' Regains Favor As Solution for Toxic Debt -- Suspected U.S. Missile Strike Kills 10 in Pakistan: What Change? -- Gold and Silver Prices Shoot Up -- Mystery Prison Buses in the Desert -- MISH: Brink of Debt Disaster -- Obama Appoints Top Notch CFR, Bilderberg Members -- Whistleblower: NSA even collected credit card records
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News Link • Economy - Economics USA
Obama to Decide Soon Whether to Add to Bailout
1-24-2009
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Washington Post
Lawmakers on Capitol Hill are bracing for a fresh request from President Obama for another massive round of spending to shore up the nation's faltering financial system, which could send the total price for the bailout soaring toward $1 trillion.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Firms That Got Bailout Money Keep Lobbying
1-23-2009
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NY Times
The financial giant Bank of America says it is no longer lobbying the federal government about its unfolding bank bailout. After receiving $45 billion in bailout money, lobbying was just too unseemly.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Housing
Housing and "Ghost Inventory"
1-23-09
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Calculatedriskblog.com
There is probably even more excess housing inventory gumming up the market than current statistics indicate, thanks to a wave of foreclosures that has yet to hit the market.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
President Obama 'orders Pakistan drone attacks': What Change?
1-24-09
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TimesonLine.co.uk
Eight people died when missiles hit a compound near Mir Ali, an al-Qaeda hub in Pakistan's North Waziristan region. Seven more died when hours later two missiles hit a house in Wana, in South Waziristan
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
Gerald Celente: 'Code Red' - Economy in Collapse, Drastic Actions Will Be Taken
1-23-09
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Rense.com
"We are forecasting dramatic measures will soon be taken by the Obama Administration that will worsen the credit crisis and severely damage the nation's economic system," says Celente.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Federal Reserve
Freddie Needs Up to $35 Billion More From U.S.
1-23-09
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Bloomberg.com
“Given that they have $4.5 trillion of risk out there, $100 billion is a drop in the bucket,” Miller said. “Given the fact that their risk profile on these loans is greater than they led everyone to believe, greater than $100 billion in losses on eac
Read Full Story
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Reported by:
Jack Gregson
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News Link • Police State
FEMA Concentration Camps:
Locations and Executive Orders
01/23/2009
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mindfully.org
There over 800 prison camps in the United States, all fully operational and ready to receive prisoners. They are all staffed and even surrounded by full-time guards, but they are all empty. See the Google Earth link to all of them on the right side
Read Full Story
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Reported by:
Jet Lacey
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News Link • Economy - Economics USA
Hannity Discovers Socialism
01-23-2009
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Mark Yannone
It took a few dozen trillion dollars, but Sean Hannity finally noticed what the Republicans and Democrats have been doing.
Read Full Story
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Reported by:
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News Link • Economy - Economics USA
Extreme Leverage In Reverse Portends Global Systemic Crash
1-23-09
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Michael Shedlock / Mish
US banks levered cash to loans at 25:1 and liabilities at 33:1 at the credit bubble peak. The long term historic average ratios are about 5-7:1, and 7-10:1 respectively.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
Obama to GOP: 'I won'
01/23/2009
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politico.com
President Obama listened to Republican gripes about his stimulus package during a meeting with congressional leaders Friday morning - but he also left no doubt about who's in charge of these negotiations. "I won," Obama noted matter-of-
Read Full Story
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Reported by:
Jet Lacey
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News Link • Obama Administration
Obama ready to cut Karzai adrift
01-23-2009
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www.independent.co.uk
International support for Mr Karzai, who was once the darling of the West, has waned spectacularly, amid worsening violence, endemic corruption and weak leadership.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Corruption
Merrill Lynch Execs Paid Themselves $15 Billion on $21.5 Billion in Losses in 2008
1-23-09
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Jessescrossroadscafe.blogspot.com
It will be interesting to see if there is any meaningful investigation of this. We doubt it very much. The Democratic leadership have shown themselves to be a lot of noise and little meaningful action so far, and almost all the Republicans are outrag
Read Full Story
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Reported by:
Jack Gregson
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News Link • Environment
The Dream Of Euripides Is Dying - by Jim Kirwan
1-22-2009
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Rense.com
There was such promise for the human race, had we but left the roads of simple commerce and chosen to make our own paths while deciding for ourselves, about what kind of world we could inhabit.
Read Full Story
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Reported by:
Ed Vallejo
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News Link • Sexuality: Sex and the Law
Officials: Obama to reverse abortion policy
1-23-2009
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Yahoo! News
In a long-expected move, President Barack Obama plans to sign an executive order ending the ban on federal funds for international groups that perform abortions or provide information on the option, officials told The Associated Press on Friday.
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Reported by:
Ed Vallejo
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News Link • Economy - Economics USA
Harley to cut 1,100 jobs as 4Q profit falls
01-23-2009
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Yahoo News - AP
NEW YORK " Harley-Davidson Inc. said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Whistleblowers
Whistleblower: NSA even collected credit card records
01-23-2009
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RawStory.com
Ex-analyst believes program actually the remnants of 'Total Information Awareness,' shut down by Congress in 2003
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Obama Administration
Clinton Foundation's secret donor
01-23-2009
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Washington Times
In 2007, Accoona filed a prospectus with the Securities and Exchange Commission reporting more than $60 million in losses during three years. In the same prospectus, it listed the China Daily Information Corp.as an official partner...
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Reported by:
Ernest Hancock
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News Link • Science, Medicine and Technology
FDA allows first test of human stem cell therapy
01-23-2009
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Reuters
WASHINGTON (Reuters) - The U.S. Food and Drug Administration has cleared the way for the first trial to see if human embryonic stem cells can treat people safely, a company involved in the controversial research on Friday.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Arizona's Top News
No 'News' Is Good News!
01-22-2009
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Sonoran Alliance.com
In her first official act as Governor of Arizona, Governor Jan Brewer today issued a management directive to state agencies calling for a temporary freeze on all new state government regulations.
Read Full Story
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Reported by:
Ed Vallejo
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News Link • Obama Administration
Obama's 'Bad Bank' Regains Favor As Solution for Toxic Debt
1-23-09
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CNBC.com
Analysts say both Wall Street and Washington are largely resolved to creating a government-run entity to buy troubled assets from banks and other struggling financial institutions. It's just a matter of how and when"and some say, the sooner the b
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Residential Real Estate: Areas of California Have Lost 5 Years Worth of Equity
1-23-09
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DoctorHousingBubble.com
You know the last time prices were this cheap? Try August of 2002 when the median SoCal price was $278,000. By the time this is said and done California will have a lost decade similar to Japan in real estate. Think about it. If we bottom out in
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
Suspected U.S. Missile Strike Kills 10 in Pakistan: What Change?
1-23-09
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AfterDowningStreet.org
The suspected strike would be the first since President Obama took office Tuesday.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
"So Much To Be Undone" by Eugene Robinson
01-23-2009
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Washington Post
This morning, I read the following excellent editorial by Eugene Robinson in the Washington Post. It describes perfectly my feelings regarding Obama's executive orders regarding detainees and Guantanamo. I highly recommend Robinson's op-ed.
Read Full Story
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Reported by:
Christine -
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News Link • Secret Government Projects
Mystery Prison Buses in the Desert
01/23/2009
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infowars.com
The new Wackenhut operation is shrouded in mystery. It has been running its fleet of empty prison buses night and day, apparently logging miles on a Department of Homeland Security (DHS) contract.
Read Full Story
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Reported by:
Jet Lacey
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News Link • Economy - Economics USA
Brink of Debt Disaster
1-23-09
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Michael Shedlock / Mish
Output rose eight times between 1975 and 2007. But the total volume of debt rose a staggering 20 times, more than twice as fast. The total debt-to-GDP ratio surged from 155 percent to 355 percent. Second, almost all this extra debt has come from the
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
Obama Appoints Top Notch CFR, Bilderberg Members
1-23-09
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PropagandaMatrix.com
George Mitchell sits on the steering committee of the American Friends of Bilderberg along with such luminaries as Conrad Black, Henry Kissinger, and David Rockefeller,
Read Full Story
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Reported by:
Jack Gregson
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News Link • Technology: Computer Hardware
Apple's first Macintosh turns 25
1-23-09
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News.BBC.co.uk
The project to create the Macintosh was started by legendary computer maker Jef Raskin and the original machine had a 9in screen in an upright beige case, 128k of RAM, internal floppy drive, and came with keyboard and single-button mouse.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Bill of Rights
Whistleblower: NSA even collected credit card records
1-23-09
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Rawstory.com
"If someone just talked about the daily news and mentioned something about the Middle East, they could easily be brought to the forefront of having that little flag put by their name that says potential terrorist," said Tice.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Media: Internet
The Evolution of New Media
11-27-2007
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Paul Levinson
"overload is underload" ... consumers are producers ... and other observations about the evolution of new media
Read Full Story
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Reported by:
Paul Levinson
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